Council hears concerns that duplex grant units could cost about $200,000 each
Staff said a Rangeley duplex grant requires quick action with DOLA; staff reported a minimum build cost of about $200,000 per unit, income restrictions and land‑use deed covenants that bar investor purchases, and that staff are exploring alternative building approaches and builders.
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Jonah, a town staff member, told the council the Rangeley duplex grant timeline requires an early sign‑off with the Department of Local Affairs (DOLA) and raised concern about high building costs. "Right now we're looking at a minimum cost to build of about 200,000 per unit," he said, and cautioned that figure is a minimum and does not reflect additional fees or profit margins for builders.
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